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1/30/2007

Ft. Greene deal of the week at Firehouse condos

Less than two years after selling, the buyers of this spiffy floor-thru condo are selling.

The owners are asking only $799K for a 1200 square foot condo with deck. The selling price couldn't have been much less, as we reported a year and a half ago. Could the owners even be selling at a loss? This could be a distress sale, meaning the buyer can wheel and deal.

It's always interesting to see how a buyer has decorated their apartment. Corcoran's Kara Kasper has the listing.

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9 Comments:

At January 31, 2007 4:51 PM, Anonymous Anonymous said...

This place can't be more than 950 SF. Just do the math based on the living room dimensions, then add the kitchen width X 34 feet.

Of course square footage is always exaggerated but this is so far away from 1200 SF it's just silly.

At the real dimensions it's more than $840 per SF.

 
At January 31, 2007 5:31 PM, Anonymous Anonymous said...

We looked at these. There is a lot of poor craftsmanship in these condos and they are chopped up in weird ways. It's a shame because it's such a cool builidng on the exterior and who wouldn't like to say they live in an old firehouse... but 840 a square foot seems outrageous to me..

 
At January 31, 2007 7:55 PM, Blogger ltjbukem said...

ironically, danielle mosse, who originally showed us these condos, said the developer also did some washington park condos. and the pics try and show the great craftsmanship. look at the window in the bathroom w/ the jacuzzi tub, the wood nails on the floors, the poggenpohl cabinets!!!

re: sq footage, once again, condo sq footage is measured not from the inside walls, but from midway between inside and outside.

so, LR is 663, kitchen is 96.875, bedroom is 104.5, 2 bathrooms, for sake or argument, are 104.5, then you add your share of the common space, including hallways, and that's where you get the 1200. it is fairly accurate.

anyway you slice it and dice it, i think the owner is taking a bath on this..anyone agree/disagree?

 
At February 01, 2007 9:04 AM, Anonymous Anonymous said...

Ltjbukem, is it really the case that in ads square footage includes a portion of common space such as hallways? I know that's the case determining common charges but is it also what sellers are allowed to advertise? In this example that would seem to inflate the actual size of the unit by 30%.
Curious in Brooklyn

 
At February 01, 2007 10:51 AM, Anonymous Anonymous said...

The building is about 30x50. So it's got to be about 1200 interior.

There's about 100 ways to calculate footage. At least with condos it is all done consistently the same way.

The numbers on floorplans are meant to be used for furniture layout. it's not a measn to calculate sq ft. This is a box. So it is width times length... pretty simple.

 
At February 01, 2007 4:12 PM, Anonymous Anonymous said...

I looked at this apt about a year ago. Unfortunately it is the least desirable of the three apts. It is an extemely dark loft space being on the first floor and the brick walls make it look smaller than it actually is. The bedroom, which has plenty of light is tiny. Architect really cut this up w/o thinking. Bathrooms and kitchen though are well done.

 
At February 01, 2007 7:02 PM, Blogger ltjbukem said...

yes, common space counts in square footage calculations. or, should i say, it is accepted business practice to include them in calculating square footage.

 
At February 10, 2007 2:30 PM, Blogger I am not Star Jones said...

is this the building that is diagonal from an abandoned building on saint felix?

if it is, I can understand why they want to leave.

 
At March 28, 2009 8:11 PM, Anonymous Nike Air Force One said...

Where is this place located?

 

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